Listen "Loyalists vs. Mercenaries"
Episode Synopsis
Loyalists vs. mercenaries is a framework used to categorize customers based on their loyalty and engagement with a brand or business. Loyalists are customers who have a strong emotional connection to the brand, demonstrate repeat purchases, and advocate for the brand to others. Mercenaries, on the other hand, are customers who are primarily motivated by price or incentives and are more likely to switch to competitors for better deals.
Mission vs. Money ⚖️💼 Loyalists work for passion, mercenaries for pay—who do you hire?
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Mission vs. Money ⚖️💼 Loyalists work for passion, mercenaries for pay—who do you hire?
For more mental models, please visit www.mentalmodelsdaily.com
Get the full list at https://tinyurl.com/mentalmodelsdaily
Follow us:
X: @mindmodelsdaily https://x.com/mindmodelsdaily
Instagram: @mentalmodelsdaily https://www.instagram.com/mentalmodelsdaily/
Youtube: https://www.youtube.com/@MentalModelsDaily/podcasts
Spotify: https://open.spotify.com/show/1f0qi12saeBEJmtnjOSszg
Amazon Music: https://music.amazon.co.uk/podcasts/6da552cf-1714-45ce-b302-7c6c69386fc3/mental-models-daily
Apple Podcasts: https://podcasts.apple.com/gb/podcast/mental-models-daily/id1754257683
Castbox: https://castbox.fm/channel/Mental-Models-Daily-id6203840?country=us
iHeartRadio: https://www.iheart.com/podcast/269-mental-models-daily-189536773/
Our Podcast music was provided by The Podcast Host and Alitu: The Podcast Maker app.
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